Orica battles on

DESPITE copping a battering from contractual increases in raw material costs, foreign exchange impacts and price resets, Orica has managed to post a 13% higher net profit after tax than it did last year.

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Despite headwinds, Orica's profit is up.

The explosive giant finished 2016-17 with a NPAT of $386 million and earnings before interest and tax of $635 million, which was in line with the previous year.

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